Last checked May 11, 2026
P.F. Chang'spfchangs.comP.F. Chang's is currently listed as private-equity-owned.
Ownership & Acquisition History
Yes—P.F. Chang's is currently controlled by private equity through TriArtisan Capital Advisors (together with Paulson & Co.), which acquired the company in March 2019.
Notes
- A March 1, 2019 press release states Paulson & Co. and TriArtisan Capital Advisors "have closed" the acquisition of P.F. Chang's, supporting that TriArtisan (a private equity firm) obtained controlling ownership at that time.
- A Restaurant Business Online article also reports the purchase by Paulson & Co. and TriArtisan Capital Advisors, corroborating the transaction and ownership change.
- P.F. Chang's 'About Us' page and other company content support the founding year (1993) and co-founders (Philip Chiang and Paul Fleming).
- Logo URL is sourced from Wikimedia Commons (direct SVG file).
Sources
- Paulson & Co. Inc. and TriArtisan Capital Advisors LLC Announce Acquisition of P.F. Chang's China Bistro
PR Newswire - Ownership (transaction closing date and acquirers: TriArtisan Capital Advisors and Paulson & Co.)
- Private-equity firms acquire P.F. Chang’s
Restaurant Business Online - Ownership (confirms TriArtisan/Paulson acquisition)
- About Us
P.F. Chang's (official site) - Founding background (brand began in 1993; identifies co-founder Philip Chiang and Paul Fleming)
- 25 Things You Didn't Know About P.F. Chang's
P.F. Chang's (official site) - Founding details (original opening in Scottsdale, Arizona in 1993; founders’ names origin)
- File:P F Chang's Logo.svg
Wikimedia Commons - Logo (source for direct SVG logo file)
- https://en.wikipedia.org/wiki/P._F._Chang%27s
Web search - Consulted by the research agent
- https://en.wikipedia.org/wiki/Philip_Chiang
Web search - Consulted by the research agent
- https://vinepair.com/articles/american-chain-restaurants-original-locations-map/
Web search - Consulted by the research agent
- https://en.wikipedia.org/wiki/Paul_Fleming_%28restaurateur%29
Web search - Consulted by the research agent
- https://commons.wikimedia.org/wiki/File%3AP_F_Chang%27s_Logo.svg
Web search - Consulted by the research agent
- https://everything.explained.today/P.F._Chang/
Web search - Consulted by the research agent
- https://oysterlink.com/company-profile/pf-changs-8/
Web search - Consulted by the research agent
Ownership FAQ
Is P.F. Chang's owned by private equity?
Yes. P.F. Chang's is currently listed as private-equity-owned by TriArtisan Capital Advisors (with co-investor Paulson & Co.).
Who owns P.F. Chang's?
TriArtisan Capital Advisors (private equity) and Paulson & Co. (investment management firm)
When was P.F. Chang's last checked?
This page was last checked on May 11, 2026.